Hey Lafayette homeowners! It’s J. Ray with Keaty Real Estate, your favorite real estate agent, back with your April 2025 real estate market update. Whether you’re thinking about buying, selling, or just keeping an eye on local trends, here’s everything you need to know about what’s happening in the Lafayette housing market.
📊March 2025 Market Snapshot
🏠 Homes Sold: 288 (nearly identical to March 2024)
⏳ Average Days on Market: 85 days (22% longer than last year)
💲 Average Sale Price: $300,378 (2% increase year-over-year)
🏡 Compared to Pre-Pandemic (2019): Home prices are up 25%
📈 Active Listings: 1,190 (Up 10% from March 2024, but still 28% lower than March 2019)
🛍️ What It Means for Buyers
Looking to buy a home in Lafayette? Now is a great time to start your home search.
✅ More inventory = more choices
✅ Stable interest rates make planning easier
✅ Longer days on market could lead to more negotiation power
💼 What It Means for Sellers
Thinking of selling your home? The market is still strong, but strategy is everything.
✔️ Home values are rising, so it’s a great time to list
✔️ Competition is increasing—price your home right and make it shine
✔️ Partnering with the right agent ensures maximum exposure and results
🔍 Market Outlook
The Lafayette housing market is holding steady with strong prices, increased inventory, and slightly longer selling times. It’s a balanced market, which means both buyers and sellers have real opportunities.
📞 Want personalized advice or ready to make a move? Call me, J. Ray, at 337-230-0664!
Until next month, I’m J. Ray, your favorite real estate agent.